Income Tax raids reveals unauthorised chit fund business, and all the investments and pay-outs of more than Rs. 400 crore, in the last few years
Corporate guarantee forms an international transaction and covered by Explanation to section 92B with retrospective effect
Unexplained cash credit u/s 68: If the Department has accepted the factum of repayment, the additions under section 68 is not sustainable in law.
Mere delay in enclosing a certified copy of order appealed against along with the appeal should not come in the way of assessee’s appeal for being considered on merits
GST on milling of wheat into flour or paddy into rice for distribution by State Governments under PDS
Income Tax Raids reveals services of a Dubai based financial service provider to create a dubious and complex web of foreign companies and trusts
Search is qua a ‘place’ and not necessarily qua the ‘Assessee’. Survey by its very nature could be of the entity and any place from where such entity may operate.
CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 8th October, 2021